Canada - 1920-1936 - George V - Canadian Small Cent

Obscure Finds Coin Collection >
Canada >
One Cent

This section of Obscure Finds Numismatic Collection is made up of coins from the
Canada
region and specializes in
1920-1936 - George V - Canadian Small Cent
coins from coin category
One Cent . If you are looking for coin facts, numismatic data or simple melt value composition of the
Canada - 1920-1936 - George V - Canadian Small Cent coin, you can find it here at Obscure Finds.

Looking for coin prices and suggested retail values based on a coins grade? Obscure Finds recommends
CoinsandCanada.com
for the most accurate coin prices and values of coins from Canada.

The portrait in left profile of George V is surrounded with the inscription "GEORGIVS V DEI GRA: REX ET IND:IMP" (George V, King and Emperor of India by the grace of God) Lettering: GEORGIVS V DEI GRA: REX ET IND:IMP:

Obverse Designer:

Sir E.B. MacKennal

Reverse Design:

The facial value is surrounded with the inscription "CANADA" and two maple leaves. Lettering: CANADA ONE CENT YEAR

Reverse Designer:

Fred Lewis

1920-1936 - George V - Canadian Small Cent

In Canada, a penny is a coin worth one cent, or 1⁄100 of a dollar. According to the Royal Canadian Mint, the official national term of the coin is the "one-cent piece", but in practice the terms penny and cent predominate. Originally, "penny" referred to a two-cent coin. When the two-cent coin was discontinued, penny took over as the new one-cent coin's name. Penny was likely readily adopted because the previous coinage in Canada (up to 1858) was the British monetary system, where Canada used British pounds, shillings, and pence as coinage alongside U.S. decimal coins and Spanish milled dollars.

Production of the penny ceased in May 2012, and the Royal Canadian Mint ceased the distribution of them as of February 4, 2013. However, like all discontinued currency in the Canadian monetary system, the coin remains legal tender. Once distribution of the coin ceased, though, vendors no longer were expected to return pennies as change for cash purchases, and were encouraged to round purchases to the nearest nickel. Non-cash transactions are still denominated to the cent.